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Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Median PS Value : ¥0.00 (As of May. 16, 2024)


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What is Wuxi New Hongtai Electrical Technology Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Wuxi New Hongtai Electrical Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.223. Wuxi New Hongtai Electrical Technology Co's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-05-16), Wuxi New Hongtai Electrical Technology Co's share price is ¥17.47. Wuxi New Hongtai Electrical Technology Co's Median PS Value is ¥0.00. Therefore, Wuxi New Hongtai Electrical Technology Co's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Wuxi New Hongtai Electrical Technology Co's Median PS Value or its related term are showing as below:

SHSE:603016's Price-to-Median-PS-Value is not ranked *
in the Hardware industry.
Industry Median: 1.15
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Wuxi New Hongtai Electrical Technology Co Median PS Value Historical Data

The historical data trend for Wuxi New Hongtai Electrical Technology Co's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wuxi New Hongtai Electrical Technology Co Median PS Value Chart

Wuxi New Hongtai Electrical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Wuxi New Hongtai Electrical Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wuxi New Hongtai Electrical Technology Co's Median PS Value

For the Electronic Components subindustry, Wuxi New Hongtai Electrical Technology Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wuxi New Hongtai Electrical Technology Co's Price-to-Median-PS-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuxi New Hongtai Electrical Technology Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Wuxi New Hongtai Electrical Technology Co's Price-to-Median-PS-Value falls into.



Wuxi New Hongtai Electrical Technology Co Median PS Value Calculation

Wuxi New Hongtai Electrical Technology Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.223*0
=0.00

10-Year Median PS Ratio is 0.
Wuxi New Hongtai Electrical Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4.223.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wuxi New Hongtai Electrical Technology Co  (SHSE:603016) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Wuxi New Hongtai Electrical Technology Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=17.47/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Wuxi New Hongtai Electrical Technology Co Median PS Value Related Terms

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Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Business Description

Traded in Other Exchanges
N/A
Address
No.18 Yanxin Road, Yanqiao Town, Huishan District, Jiangsu, Wuxi, CHN, 214174
Wuxi New Hongtai Electrical Technology Co Ltd is engaged in the development, production, and sale of electronic components including circuit breakers, low-voltage circuit breakers and fuse switch knife. Its main products include low voltage circuit breakers and circuit breakers, BMC/SMC molded insulating materials and products, micro motors and electric operating mechanisms, knife fuse switches.

Wuxi New Hongtai Electrical Technology Co (SHSE:603016) Headlines

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